3 ms·

Are you really rich if realizing any of those gains requires giving up your only shelter?

• mindslight 3y ago
  In the crab bucket promulgated by our Wall Street puppetmasters: yes, obviously. Get a reverse mortgage to take care of number one, and let your spoiled kids fend for themselves against the banks. That's been the goal of every generation since the dawn of man, right?
• vaidhy 3y ago
  yes.. because you can take a second mortgage on your home.. you can save into the mortgage instead of saving into an investment account. Talk to an advisor and they can tell you how you can convert an asset into money you can spend.
• bandrami 3y ago
  Yes, the money can be used to obtain shelter. Perhaps buy a less valuable home, or rent.